Search: Nominal interest rate
RBA Glossary definition for Nominal interest rate
Nominal interest rate – The nominal interest rate refers to the cost of borrowing money before adjustment for inflation i.e. it includes compensation for the expected erosion of the value of the borrowed funds due to inflation. It is the cost visible to the borrower, and is composed of the real interest rate plus inflation.
RBA Glossary definition for interest rate
interest rate – The term used to describe the cost of borrowing money or the return to the owner of the funds which are invested or lent out. It is usually expressed as a percent per annum of the amount of money borrowed, lent or invested.
Search Results
Can We Use High-frequency Yield Data to Better Understand the Effects of Monetary Policy and Its Communication? Yes and No!
1 May 2023
RDP
PDF
1465KB
the future path of interest rates and premia based on data on yields. ... Many papers incorporate specific interest rates, such as the cash rate, or other short-term interest.
https://www.rba.gov.au/publications/rdp/2023/pdf/rdp2023-04.pdf
Inflation
6 Dec 2023
SMP
- August 2023
PDF
2166KB
https://www.rba.gov.au/publications/smp/2023/aug/pdf/04-inflation.pdf
Economic Outlook
20 Nov 2023
SMP
- November 2023
PDF
666KB
https://www.rba.gov.au/publications/smp/2023/nov/pdf/05-economic-outlook.pdf
Economic Outlook
6 Dec 2023
SMP
- August 2023
PDF
639KB
https://www.rba.gov.au/publications/smp/2023/aug/pdf/05-economic-outlook.pdf
Does Monetary Policy Affect Non-mining Business Investment in Australia? Evidence from BLADE
7 Jan 2024
RDP
PDF
1715KB
A. reduction of the policy interest rate stimulates investment by: increasing aggregate demand;. ... change on investment. Indeed, a negative relationship between investment and interest rates is.
https://www.rba.gov.au/publications/rdp/2023/pdf/rdp2023-09.pdf
Doing Less, with Less: Capital Misallocation, Investment and the Productivity Slowdown in Australia
16 Mar 2023
RDP
PDF
1288KB
nominal interest rates hit the effective lower bound. While a range of explanations for weak productivity growth have been advanced, credible accounts. ... Jenner 2019). This low level of non-mining investment occurred despite declines in interest rates.
https://www.rba.gov.au/publications/rdp/2023/pdf/rdp2023-03.pdf
MARTIN Has Its Place: A Macroeconometric Model of the Australian Economy
20 Aug 2019
RDP
PDF
1571KB
growth in the dwelling stock, changes in mortgage interest rates and the rate of inflation. ... of interest rates. This implies that the ratio of nominal dwelling investment to nominal consumption.
https://www.rba.gov.au/publications/rdp/2019/pdf/rdp2019-07.pdf
Inflation
20 Nov 2023
SMP
- November 2023
PDF
2189KB
https://www.rba.gov.au/publications/smp/2023/nov/pdf/04-inflation.pdf
Domestic Economic Conditions
20 Nov 2023
SMP
- November 2023
PDF
1238KB
https://www.rba.gov.au/publications/smp/2023/nov/pdf/02-domestic-economic-conditions.pdf
Domestic Economic Conditions
6 Dec 2023
SMP
- August 2023
PDF
1458KB
https://www.rba.gov.au/publications/smp/2023/aug/pdf/02-domestic-economic-conditions.pdf